MACEDONIA: Stopanska banka AD began a bancassurance project in collaboration with two large insurance companies from Macedonia

Stopanska Banka has become one of the largest insurance distribution channels in Macedonia, by starting - in the year that marked its 75th annyversary, a partnership with two important life insurers from the local market: CROATIA Insurance and UNIQA.

"Having in mind that insurance and banking products complement each other for the end benefit of the users, we began cooperation with Stopanska banka AD - Skopje, allowing for clients to get much more from one place", said Goce VANGELOVSKI, CEO of Croatia Insurance, at the Stopanska press event. "The model saves them time, while offering additional advantages for the users as well. At the same time, we are creating a new trend in the financial market that will support future service development for the benefit of the end customer", added VANGELOVSKI.

"We are especially happy to have the opportunity to present this strategic partnership with Stopanska banka in the offer of life insurance with additional benefits, now available at all 65 branches of the Bank, around the country", has declared Aleksandra Shkembi ANTOVSKA, CEO of UNIQA Life.

Stopanska will offer some of its banking products bundled with life, accident or travel insurance policies. Also the customers of the bank will have access to other insurance products like home insurance, travel insurance or CASCO.

Stopanska banka AD - Skopje is the the Macedonian bank with the oldest tradition, founded as the first bank in Macedonia in 1944. At the beginning of year 2000 Stopanska banka AD - Skopje managing package of shares was bought by National Bank of Greece Group.
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